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The Master License Agreement Music is a fundamental document used in the Indian music industry to establish a comprehensive framework for licensing musical works and sound recordings. This agreement is essential when a rights holder (such as a music label or publisher) wants to grant specific usage rights to another party for commercial exploitation of music. The document is structured to comply with Indian copyright law and includes crucial elements such as rights granted, territory restrictions, payment terms, and usage limitations. It's particularly relevant in today's digital age where music distribution spans multiple platforms and formats. The agreement serves as a master template that can be customized for various licensing scenarios while maintaining consistency in core terms and conditions. It's designed to protect both the licensor's intellectual property rights and the licensee's commercial interests while operating within the Indian legal framework.

1. Parties: Identification of the licensor and licensee, including full legal names, addresses, and company registration details

2. Background: Context of the agreement, brief description of parties' businesses, and purpose of the licensing arrangement

3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Musical Works', 'Sound Recordings', 'Territory', 'License Period', etc.

4. Grant of Rights: Specific rights being licensed, including reproduction, distribution, public performance, and synchronization rights

5. Territory and Term: Geographic scope of the license and duration of the agreement

6. License Fees and Payment Terms: Detailed fee structure, payment schedules, reporting requirements, and audit rights

7. Obligations of Licensee: Specific responsibilities and requirements for the licensee's use of the licensed music

8. Obligations of Licensor: Licensor's responsibilities including delivery of content and maintaining rights ownership

9. Representations and Warranties: Parties' assertions regarding rights ownership, authority to contract, and content legitimacy

10. Intellectual Property Rights: Provisions regarding ownership and protection of IP rights in the licensed music

11. Confidentiality: Protection of confidential information exchanged during the agreement

12. Termination: Conditions and procedures for ending the agreement, including breach and cure provisions

13. Post-Termination Obligations: Requirements and restrictions after agreement termination

14. Indemnification: Mutual indemnification obligations for various claims and losses

15. Limitation of Liability: Caps on liability and exclusions of certain types of damages

16. Governing Law and Dispute Resolution: Choice of Indian law and dispute resolution mechanisms

17. General Provisions: Standard boilerplate clauses including notices, assignment, and amendment procedures